As Salesforce Com INC (CRM) Shares Rose, Shareholder Stevens Capital Management LP Decreased Stake by $17.72 Million

June 27, 2018 - By Robert Case

salesforce.com, inc. (NYSE:CRM) Corporate LogoDuring Q1 2018 the big money sentiment increased to 1.44. That’s change of 0.25, from 2017Q4’s 1.19. 48 investors sold all, 254 reduced holdings as CRM ratio is positive. 304 rose holdings while 132 funds took holdings. Funds hold 608.53 million shares thus 0.05% more from 2017Q4’s 608.21 million shares. Melvin Capital Management Lp owns 1.91 million shs for 2.12% of their capital. D E Shaw & accumulated 197,761 shs. Litman Gregory Asset Mgmt Lc reported 57 shs. Twin Tree Mgmt Lp has 0% invested in salesforce.com, inc. (NYSE:CRM). Rosenbaum Jay D owns 6,997 shs for 1.64% of their capital. Weiss Multi accumulated 50,000 shs or 0.18% of the stock. The Massachusetts-based Liberty Mutual Group Asset Mgmt has invested 0.1% in salesforce.com, inc. (NYSE:CRM). Highland Capital Mgmt Lp invested 0.08% of its capital in salesforce.com, inc. (NYSE:CRM). 2,452 are owned by Clearbridge Investments Ltd Liability. Blair William Company Il has invested 0.81% in salesforce.com, inc. (NYSE:CRM). Jefferies Group Inc Ltd Liability Corporation invested in 0.11% or 177,793 shs. Goldman Sachs Gru reported 6.19M shs or 0.18% of all its holdings. Kornitzer Capital Mgmt Ks holds 0.46% of its capital in salesforce.com, inc. (NYSE:CRM) for 231,119 shs. Hap Trading Limited Company stated it has 0.12% in salesforce.com, inc. (NYSE:CRM). Engineers Gate Manager Limited Partnership invested 0.5% of its capital in salesforce.com, inc. (NYSE:CRM).

CRM registered $172.61 million net activity with 6 insider buys and 226 insider sales since January 3, 2018. On Wednesday, February 21 $574,493 worth of stock was sold by Benioff Marc. On Sunday, February 25 530 shs were sold by Dayon Alexandre, worth $61,411. Hawkins Mark J sold $1.90 million worth of salesforce.com, inc. (NYSE:CRM) on Friday, January 26. Roos John Victor sold $17,545 worth of stock. BLOCK KEITH had sold 10,000 shs worth $1.29M on Thursday, May 31. On Monday, June 11 ROBERTSON SANFORD had sold 30,000 shs worth $4.02M.

According to 2018Q1 SEC filling the Matthew Tewksbury decreased its stake in Salesforce Com Inc (CRM) by 44.56%. By selling 152,789 shares Stevens Capital Management Lp made the stock popped up with 9.70%. At the end of 2018Q1, the hedge fund run by Matthew Tewksbury held 190,085 shares of the prepackaged software company, valued at $22.11M, down from 342,874 at the end of the previous reported quarter. $100.73 billion is the market cap of Salesforce Com Inc. CRM is hitting $135.59 during the last trading session, after increased 0.08%.Currently salesforce.com, inc. is uptrending after 40.20% change in last June 27, 2017. CRM has 1.99M shares volume. CRM outperformed the S&P500 by 27.63%.

About $6.88 billion and $2.64 billion US Long portfolio Stevens Capital Management Lp manages. It rose its stake in Discover Finl Svcs (NYSE:DFS) by 43,603 shares to 133,377 shares, valued at $9.59 million in 2018Q1, according to the filing. Stevens Capital Management Lp has risen its stake in Us Foods Hldg Corp and also increased its holding in Red Hat Inc (NYSE:RHT) by 69,238 shares in the quarter, for a total of 95,200 shares.

Earnings report for salesforce.com, inc. (NYSE:CRM) is anticipated on August, 28., Zacks reports. Analysts expect change of 33.33 % or $0.03 from previous year’s $0.09 earnings per share compared to current’s $0.12 earnings per share. If CRM’s EPS is $0.12 the profit will be $89.15 million for 282.48 P/E. Analysts at Wall Street see salesforce.com, inc.’s -76.92 % negative EPS growth compared to $0.52 earnings per share for previous quarter.

For more salesforce.com, inc. (NYSE:CRM) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Finance.Yahoo.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Salesforce.com: A Screaming Sell” published on June 21, 2018, “Salesforce: Just A Wealth Of Superlatives” on June 01, 2018, “Salesforce.com Is Winning Big With Its Recent Investments” with a publish date: June 20, 2018, “Salesforce.com: Is It Too Late?” and the last “Box: Increasing Switching Costs Will Be Key” with publication date: June 26, 2018.

salesforce.com, inc. (NYSE:CRM) Ratings Coverage

Total analysts of 31 have positions in Salesforce.com (NYSE:CRM) as follows: 29 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 94%. Since January 10, 2018 according to StockzIntelligence Inc Salesforce.com has 54 analyst reports. In Wednesday, March 21 report Barclays Capital maintained it with “Buy” rating and $140.0 target. On Wednesday, March 21 the stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Credit Suisse. In Wednesday, March 21 report Stifel Nicolaus maintained it with “Buy” rating and $142.0 target. On Thursday, February 22 the rating was maintained by Cowen & Co with “Buy”. On Wednesday, February 28 the company was maintained by Robert W. Baird. The stock rating was maintained by BMO Capital Markets with “Outperform” on Thursday, March 1. On Wednesday, May 30 Wedbush maintained salesforce.com, inc. (NYSE:CRM) rating. Wedbush has “Buy” rating and $15000 target. On Wednesday, February 21 the firm has “Buy” rating given by Citigroup. On Thursday, March 1 Citigroup maintained the shares of CRM in report with “Buy” rating. On Wednesday, May 30 the firm has “Buy” rating by Wells Fargo given.

salesforce.com, inc. (NYSE:CRM) Institutional Investors Chart

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